Bitcoin Forum

If this will happen is it possible that decentralization be compromised?

Regardless of what anyone says including CEOs of big banks, this is never going to happen.

Banksters want to control, there is no place for decentralization or anonymity here. The system is made to enrich the rich and to enslave the poor, they'll never accept or any other cryptocurrency that they don't have full control of.

the "crypto industry" is not one place or one person to go unite with something!!! it is a big world of different people and a lot of different projects in it.

the banksters have already entered some of it. for example the altcoins they control and pump and dump. but that doesn't change anything for the whole thing. it is just one group taking advantage of the bad situation in the altcoin market. if a cryptocurrency (like bitcoin) is  decentralized it is decentralized and that is not going to change.

I think so, because the banks will have to change their policies if they do not want to lose money!

The true implication of decentralization is the removal of central authority like banks, if a bank decides to acquire a particular crypto project, there is the likelihood that it becomes centralized, people generally in the space will not welcome such.they simply will switch to alternative

Crypto is defined as hierarchical. Hide identity. And the bank is always transparent and clearly controlled so I think there will never be a bank and crypto linked together. Absolutely impossible.

Nope. This will not happen anymore because Bank has control or Centralized, while the Cryptocurrency is more on Decentralized. Credit Cards Companies is possibly :)

Well i dont think unite is the best word to use, compromise would be appropriate. I think banks and crypto will compromise in the future. Regulations from different countries has been in the making and this would really open doors to crypto and might affect certain bank policies. So in order to coexist i think these two entities should come up with a very good compromise in order to be successful.

These two areas in my opinion will never be intertwined, as these two activities work in the opposite direction, one in real life, one based solely on virtual money. Therefore, it is difficult to combine.

Not likely... Bankers also know how to count their blood money, and will never give it to anyone or unite with anyone. Although part of the banks, maybe it will go. But this will be part of, and all banks.

Yes, there are certain alts that are already controlled by bank for the most part but I don't think there would be any unification in the future as that would mean banks would have to give up their control. control is all the have they wouldn't give it up. Compromise is a better term, they're already realizing what they're missing out by not being friendly with crypto world.

I believe that this is unlikely, because if there is still a merger of banks and cryptocurrencies, the banks will seek to destroy the decentralization inherent in cryptocurrencies.

I think it's quite possible. As far as I remember, some banks have already announced plans to merge with crypto-currencies.

I am sure that this symbiosis will be very peofitable and useful because each of elements has its own advantages and they could get a large success together.

As in our time, crypto currency is increasingly beginning to enter into everyday life, such an outcome of events is quite possible.

it will never happen because the cryptocurrency is not centralized and not regulated by any institution.
if the bank is centralized and led by one power.

if the type of cryptocurrency is centralized is Ripple, unfortunately I don't like Ripple!

Of course, if the government releases cryptocurrencies, some countries may unite. This is different from the difference in each country.

Alright those centralized institutions should be removed from the system to get the decentralized system which offers to many advantages, Bank as the biggest centralized institution should not be involved in the crypto industry.

There is a possibility for this to happen. If cryptocurrencies become fully accepted, there is a great chance for this to happen. There are already news that some banks are championing some of the altcoins already, so it wouldn't even take long for a unification to happen already.

this, what you call "crypto industry" was created so that we can have decentralization and the benefits of that including getting rid of banks and banking system which is mostly corrupt and is causing a lot of economical damage.

despite all that the banking cartel have already entered the scene. the most obvious case is Ripple and you can see how bad and failed it is.

I Think one day decentralize system will be controlled in centralize way, think Big.

Yes banks in japan and korea are already into it accepting that bitcoin is the future of money and will soon be recognized all over the globe.

They can regulate and monitor transactions but I don't think that decentralization will be compromised.

Before most early people who are in crypto's didn't assumed that there will be a way to be linked with the banks. But everything's changing today and this can gain more money to flow so if ever it will happen, I guess it's fine.

They can't supply coins if ever they'll be in.

The only linking that will be happening between banks and crypto is banks being used as a medium to purchase crypto with cash. After that there will be banks that will be offering saving options just like they do with cash now but that is only to hold your coins for you if you feel that the coins are not safe in your own care. Decentralization will not be compromised

I think that this might be possible only for non traditional banks because traditional ones have only interest of maintaining their privilegies

What a lot of people don't understand is that banks are working to provide the same service and functionalities as crypto. Fast, feeless 24/7 transfers. Not because they want to, but because blockchain made them do it. So, it will be pretty much the same.
Only the decentralization will be the difference, which is not a small difference.

I think sooner or later blockchain technology will also be applied in the banking sector, that is for sure, the real question is will the traditional banks also start crypto related services like creating crypto wallet accounts, buying selling and transferring of crypto,exchange and cashout of crypto and other financial services.

Banks and crypto are already  in collaboration but not in larger scale, most cryptocurrency purchase is done with bank swift transfers and the banks don't have any issues with such transactions .

Yeah sure I believe in the future, banks will work closely with some crypto project for financial inclusion though i didn't expect that to happen now, it will take a little while before we start to see that happen.

Most likely crypto will change the banking system beyond recognition. Some of bank functions will just become obsolete and others will have to adjust to the changing environment.

Definitely. And blockchain will resolve somehow those banking issues that can really iinovate the banking system. I still didn't see banks that directly uses cryptos yet I know a bank that partnered an ICO and this is somehow significant as we're more likely to see that they're now open about this new innovation.

I am not an expert in that so I cannot say for sure but in my opinion banks need to do something in order to stay swimming and not to sink. I think that those were working in banks is really smart people, they will invent something.

I think not, because it is in principle different concepts with different internal organization, although ripple crypto currency belongs to banks, but it is difficult to call it a crypto currency.

No only recongnization even on regulations side bitcoin and other decentralized cryptos can be used beyond that. If possible you can invest on centralized crypto currencies which can be goes with banking acceptance like ripple and etc...

Other than that there is no need of banks intervention on using the bitcoin.

To my mind their unity will be more promising and profitable for both of them and bein linked will not have such strong and confident potential that it could get.

Yes, we should not rule out such a turn of events. For example, the national cryptocurrency of Kazakhstan is being actively developed. And it will be fully tied to the Central Bank.

I believe the banks are going to attempt to co-opt the movement and try and take it over.  They will scare the public to make them think decentralization is bad and we will have one giant public ledger and be taxed on everything.  So my vote is for hostile take over. 

I think that will be, I recently read about the dual-circuit financial system. The first circuit is a dollar system, the second one is a financial system built on yuan and for the interconnection between them, a crypto currency will be used that is independent and not tied to any banking system.

Well we can see an intermediate model, which I think is what Ripple is doing, doing business and partnering with different institutions to offer services that please both audiences, I think in the end it's going to have to be something similar, because otherwise the banks will start to block the accounts of people who are working with cryptos and that would really be a problem, because it would be a disadvantage to the people working with cryptocurrencies and I think we already have enough inconveniences.

Bitcoin transactions are performed on a networked computer without a bank. But when paying money, to change the cash to use through the banking system. Not all banks accept bitcoin transactions. So I think bank and password should be better together.

It is possible if the government of ones country will accept cryptocurrency as a decentralized system  but i think it will not totally eliminate the banking system also to cater individuals that will prefer not to engage in cryptocurrency.  For those banks who wanted to cater cryptocurrency is also ideal as to cater the need of individuals who are engage in cryptocurrency for businesses, trading and investment. Maybe it could be a link only.  Although they are plenty of advantages over banks but still we cant predict how it works in the real world of banking institutions,

Not in the next few years. In the future, two decades, if there is no major collapse of the crypto markets, we can assume such an option.

The merger of banks and cryptocurrencies is not far off. Cryptocurrencies are developing very quickly, and probably in the next decade we will see the first crypto-currency Bank. Provided, of course, non-interference of States in the Affairs of the crypto world. Most likely in these banks it will be possible to exchange the crypt for the usual currency, and Vice versa. Buy cryptomonad, for real money. There ATMs on the issue of cryptocurrencies. This is just waiting for us, and now reality. And it is such that people are alien to everything new, but for now.

In the foreseeable future, if all the same cryptocurrency is recognized as a full-fledged currency around the world, then banks will work with it.

It can or it cannot.

To the positive side, they can make the cryptocurrency industry centralized with their own ruling of law. And they cannot because they simply just had to adopt crypto's.

I don't think they will going to unite in the future. It is really impossible. I think cryptocurrency will continue to become bigger and popular and banks still continue to.operate normally.

I think that financial sector  want it`s share from crypto. They will find the way how to incorporate in crypto
and profiting from it. As I know not all coins are fully decentralised like XRP.
Banks clearly see the benefits of blockchain technology and will use it for their benefit.

I doubt such an outcome sobti. Banks and cryptocurrency is diametrically opposite things. Banks are centralized and cryptocurrency is decentralized. Perhaps in the future they will have common ground, but they will definitely not unite.

I think banks are transparent and have control, and the encryption industry is hidden and independent. They won't be united.

I think that in the near future, many banks will be available to purchase key coins, such as Bitcoin and Ethereum. Cryptocurrencies are gradually being introduced into the world.

I agree with what you said  because the issues of not having full control was the reason why VISA CEO said his company won't process any bitcoin transaction early this year. How ever, that shouldn't be a problem now cause we have some new project which are planning yo act as bank.

I believe that Yes, in the sense that States will create their own cryptocurrencies in the future, and their turnover will freely go through banks.

If this is the case, then only after cryptocurrencies get absolutely legal status in most major countries.

There is no way to unite bank and cryptocurrency because they are of two distinct entities. Banks are centralized (control by a central server) while cryptocurrencies are decentralized (controlled by none). It's impossible to merge them. But, they can co-exist with each other and have a harmonious system.

It is quite possible that several cryptocurrencies will unite, but that everything will unite - this may not happen. I can't say anything about the banks.

I think they will unite

If crypto currencies will be successful then they will surely find a middle way to unite but today it semms not possible but maybe in future they will find a way because banks will try to survive as well.

From the point of view of reliability, I would have kept the traditional money version of the work in place of banks. But I think some banks still connect to cryptocurrencies in order to acquire a larger flow of customers. Is likely to be.

In the near future will not. If hypothetically to assume such option, at this stage both these structures were not defined yet who under whom, lays down.

Think for yourself, do you think? An organization that exists only on the money of people who simply put their savings in a place called a bank or technology that has so many pluses and fewer minuses?

It's already happening as far as I know. In fact, there are no other options, especially not yet visible, the world will not remain without cryptocurrencies exactly, as the world will not get rid of banks. So I think we are waiting for crypto banks very soon :)

I am interesting what will be more popularity: the banks which will implement blockchain technology in its infrastructure or new ICOs which call themselves cryptobanks.

banks can use the tools of decentralization, but still leave a single control on their part. it's even easy to understand. in some processes, it should be centralization, for the distribution of responsibility for each business process

that's why people like blockhchain technology because there is no center that controls the system, everything is transparent and well-recorded so there won't be a capitalist case here all will be decentralized, that's what I know about blockchain which I think is very good to implement

I think banks would be force to work with cryptocurrency schemes, it seems like they will be submerged and will need to offers more diversed ideas in order to attract more people.

Many banks use cryptocurrencies and the blockchain system in their operations. Even Sberbank did not disdain and is actively implementing Ethereum in its operations.

For merging banks, and cryptocurrencies need sufficient conditions. Now associations are not expected as each structure goes its own way.

Certainly. I believe that this is the future. Moreover, RARIB, the Russian Association of cryptocurrencies and blockchain, has already been created, which is aimed at this, and European banks have already stated this goal.

It is actually happening in the countries that are accepting cryptocurrency. However, there are many countries which are opposing it. So, I believe banks would never tolerate getting linked with crypto. As a matter of fact, banks consider crypto to be a threat to the country's economy system. Getting them linked or united will bring chaos or downfall for banks because people will stop relying on banks and resort to the blockchain technology and store their money in there. But I really hope that those countries accept the blockchain technology.

It's two different things. The might be linked or they might not be linked. If they are linked together, that means banks will be accepting cryptocurrency as a means of payment.

I don't think that's possible. I agree with the opinion of people who write that the cryptocurrency was created in order to be decentralized. It opens up great opportunities for ordinary people. Anyone can use it and anyone can earn on it. Therefore, I believe that the majority will not want banks to somehow try to break this decentralization and anonymity that we have now.

I think it is possible if the coin is under centralize in monitoring like ripple since all banks are under a government contol of law , and this era with so many country are adoptig and making their rules and regulations of cryptocurrencies , maybe plenty of centralize coin coming up.

i think they won't be united or linked, but there will be definitely a connection between the two

Have you heard of those news that there are some banks now that are operating with a crypto choice?  I've heard that news since last year and I think they are operational.

The banking industry will find a way to link crypto's and their service because its still financial related but they have to adjust.

I believe this road have already started. Numerous banks around the globe have already started to entertain or have accepted the crypto system in their field. As for decentralization being compromised, I wouldn't say it's impossible, but it would be pretty difficult for banks to break that crypto code.

       No this not possible for a decentralize cryptocurrencies to be integrated with our traditional bank because bank investors are very visible with the government agencies and also our accounts but in the cryptocurrencies , we are all anonymous here and our holding Coin are keeping in our wallet with no third person controlling and monitoring on it .

I doubt that it would be linked. Banks are the strongest establishment of every government on each country and given the nature of decentralization in cryptos, concepts are way different which would prohibit one another to be linked. i do more believe that banks and cryptos will do co-exist in thr future since we all have our own preference such that onr may not use crypto or vis-a-vis.

We are United as one, Governments are controlling the mind of people if you're part of their legacy then follow them but if you're secretive person and wants privacy thrn go with anonymity or privacy. I'm pretty sure you are trying to escape centralization too.

That will make so many headlines in the news. But I don’t see it coming to pass. Crypto preaches decentralization more like a friend will say crypto is democratic. Power is not in the hand of one person but with the masses. Banks like to be in charge and control everything including how you will withdraw your own money, now willing that power out to merge or integrate decentralization system of blockchain into is impossible. That will mean a lot for them to handle especially not being in charge anymore. It also means individual staffs will begin to loss their jobs also being that a third party will not be needed for transactions to take effect. There is just to many things attached to such steps.

Yup it's very possible decentralized cryptocurrency compromise to the bank of fiat money to become unite, actually there have some bank industry have an agreement because example on that how can convert my virtual currency into the bank if there's nothing agreement between the two kind of currency institutions.

They will be linked in the future. The thing is that people are not going to want to stop saving their money in banks, it is just that the medium this money is present in is what is going to change and then the banks would have to evolve to be able to hold the currencies that these people would want to save with them. It will be the same banks, just storing a different kind of currency

I think they won't be united, but there will be definitely some new rules.

I think that is unlikely. At least in Russia. In order to legally implement this, it is necessary to develop a package of bills for the basis of actions on unification, legal regulation. At the same time, it is necessary to bring the cryptocurrency to the already used payment system, and this is quite long.

I'm sure the future lies with the crypto industry.Over time, banks will move to digital money.And I think the paper money will disappear.There will be no need for ATMs.The phones will be equipped with chips and people will manage their savings through phones ,computers.

The combination of banking and crypto systems will exist in parallel and legally as two independent financial platforms. This will be a transitional period and will last for the period 2019-2021. Then in 2021-2024 a single financial platform will be formed based on cryptography. If this is easy for mankind to master and apply, then these stages will pass faster.

I don't think so, the reason why people choose crypto is because crypto has a simple procedure for the transaction than a bank, only need balance and confirmation, no need signature in pepper, etc.

It's two different things. The might be linked or they might not be linked. If they are linked together, that means banks will be accepting cryptocurrency as a means of payment.

I'm not sure it will happen anytime soon, but the bank will use blockchain technology and will slowly provide space for cryptocurrency, crypto has a good opportunity to become a payment instrument that can be accepted by everyone.

Yes and its already happening in the countries in which Bitcoin is legal like here in our country that our major banks are in partnership with our local exchange that every time we convert Bitcoin to fiat we could use the banks withdrawal facilities to get our converted cash anytime.

It seems to me, Association, cooperation will be. But immediately it will not be very popular. Demand will grow over time.

Scarcely. It's probably not gonna want cryptocurrency. Banks are very restrictive. One of them: you need to report transactions, and this will require large capacity. In addition, not all banks will want to risk their reputation in the pursuit of fashion.

Last week I watched one of the webinars. There was a cut from the video that promised it would happen. Is likely to be.

Never going to happen because the nature of the bank is to protect its customers with a system that is centralized on the same server.
Cryptrocurrency is the very opposite of that and surely cryptocurrency also has its own bank.

In the next future, I believe it will be a reality. It takes time to reserve. the regulation, the fact we need now to protect our investment in cryptocurrency asset. It easy the poor dev fooled anybody with scam ICO.

Crypto and normal currency will appear as 2 legal ways of payment due to its own advantages

That is not far from reality because i believe a hybrid banking system can somehow improve its operations and will give benefits to the clienteles. Just like Ripple, isn't it a crypto that is backed by banks in the world?

Bank and crypto are already beginning to unite, Ripple is a bright example, it makes software for banks. Ripple product xRapid is tied to XRP and the upcoming launch of xRapid platform was the impetus for the growth of the price of the currency.

Bank and crypto idea contradicts, it will be impossible for both to unite, banking industry is full of greedy people and since crypto surface bank see it as a major treat to it ideology.

I don't think this will be possible, banks want to keep dominating the financial sector and they will never unite with anything that could undermine their dominance. We should not take those big CEOs serious, they are not sincere with what they say.

I am sure that the change in the banking system is inevitable. Moreover, I am sure that banks will work on the blockchain platform. But what exactly - time will tell.

Banks are very greedy and probably already thinking about it in the future, and most likely are developing a storage and transmission system now.

I agree with the bank that there will be no way to be related to the crypto. Depending on the reality, the bank remembers crypto for reducing the risk for US economy equipment. Banks have been immunized or collapsed for their related or integration because counting on human banks will stop and Cooperation of Blockchain technology and their cash will be protected there. But I really hope that the people of the Blockchain lineage are joined in the countries.

That will be hard because banks dont like decentralised things. They need to rule them all. They love ripple because ripple is not decentralised as you know. So if we are talking about normal decentralised crypto currencies i think that is impossible to be linked with banks.

I think not, because cryptocurrency right now is mostly decentralized. And with its anonymity keeping the users safe from further threats and keeping their profile low. While in banks, they need tons of documents which your details will be turn to public.

Decentralization isn't a bad thing. It is a new way of thinking and doing business. For so long, Banks have been using centralization to develop our society and this has lead to some limitations . With Decentralization, the services of banks can go to a new level. Banks have no choice than to adopt decentralization or else they will be left out

This thing just happen with coins which serve for banks and have purpose in transfering coins instead of cash. But with other coins, their purpose and technology don't involve bank that can not unite

If banks will have a wish to go to the future they will efinately tru to start working with crypto and then will be a real crypto boom among people who start invest their money

It all depends on what result you want to get. If you do it all day, and the income will be high, but we must take care of health and not exhaust yourself.

I think not. What can be this currency exchange for the crypt and Vice versa. Banks perceive this currency as competitive, because it is electronic money, and banks can only work on Fiat money.

There is no need for crypto and banks to be united. Banks  will use the benefits of blockchain technology.
They are already participating in many projects. For example XRP has 100+ partners from financial sector.

It could be better if their is connection with the bank. Banks can be used as a 3rd party, it happen to our country already but it sometimes we are experiencing some problems and of course high transaction fee is charge to us. Anyways, we can't do nothing to them instead, is to abide their rules as we really need them and our money can be directly deposited into them.

For sure they will be linked because Crypto can be converted into fiat and the currency is moving on to success. While the crypto is keep booming for sure many money will come and keep in some banks. The industry will unite in some way around.

banks and who have the money want the control. probably cryptocurrencies and traditional can hardly be linked. regardless of this, the banks will for sure use the blockchain technology for their purposes

I think both will co-exist in the future not determining whether they will be linked or not. I do expect that both will still exist in the future and no one would be gone in the future for the reason that banks are supported by the governments and cryptos on the other hands have a large number of users and given that we are on the digital age, it is having a high probability to exist and be used on thr future.

Firstly, we should let the companies that are forming the market decide by what is the most beneficial way for them. I am confident that similar projects will form some kind of an alliance in which members will support each other. But the entire market? Let's look at the other side of the spectrum: big-tech companies- IBM, Alibaba, Amazon- they are falling behind and if they want to make greater steps further, they have no other choice but work together. Not the healthiest relationship but here we go. Anyway, being unique is what matters in the world of business: if all projects will form a great decentralized system, fine, but without a proper alternative, it is not possible.

according  to  me  it  will  never happen   because  these  two  are  not  same  and  each of them  have  different  views  and  profits  so  everyone  fight to be  aboss so  i d ont think  it  will happen  ever.

I think this is already happening with ripple, recently Ripple announced some partnership with some bank and some exchanges are partnering with banks for their crypto to fiat buy and selling and i think a lot more of that will happen in the future

I don't think that they will unite because i believe that as a major result of cryptocurrencies' success, they will affect the banking industry. But if more cryptos are going to come out just like Ripple, maybe there's a possibility that these two entities will unite.

I don't think so . U will see that sooner or later they will join us and they will create crypto financial systems that will be used as exchanges between crypto and fiat money . This is new technology that is slowly getting adopted and future is bright

Do you know how Blockchain works? So that’s not going to happen, there is possibilities for them to be linked together. You either have your money invested in cryptocurrency or you can withdraw and put it in the bank, your choice. But if you keep on believing that they are going to work together then you’re wasting your time cause they are not going to work together.

The genuine ramifications of decentralization is the expulsion of focal specialist like banks, if a bank chooses to obtain a specific crypto venture, there is the probability that it winds up brought together, individuals for the most part in the space won't welcome such.they just will change to elective

If what I have heard is right , the blockchain abd cryptoworld is in the process of legalizing all over the world but some bank didnt want that to happen and to be linked crypto to their business. So I dont think bank and crypto industry will unite, its far from happen.

it is also possible, banks and crypto industries will join because they are interconnected.

The banking and crypto industry can only be linked when governments agree to Bitcoin.So i think this possibility is possible in the future and this is a good interaction for the crypto and banking in countries.

Banks don't want to unite with the crypto industry. They either want to control it or destroy it. I think they'll have trouble destroying it so I think they're manipulating the market behind the scenes to weild power over it.

In fact, it's already happening. Many banks are integrating cryptocurrency or the blockchain in their systems.

Talking about what all the same very rich people will be able to solve, because bankers today rule this world and it is necessary to understand that it was they who put the world on their knees because of the use of the dollar.

 Indeed and it is currently occurring within the nations by which Bitcoin is actually lawful such as within the nation our main banking institutions tend to be together with the nearby trade that each period all of us transform Bitcoin in order to fiat we're able to make use of the banking institutions drawback amenities to obtain the transformed money at any time.

This is the most interesting event to happen in the future as I believe that bank will adapt crytocurrencies in the future to retain their profit.
As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.

I believe that in the future cryptocurrency and banks will unite. but it will be beneficial for banks and countries in which the cryptocurrency will be legalized. cryptocurrency will lose its anonymity and all transfers will again be controlled by the state

In my opinion they can be linked very well but there is some disadvantage in doing that. The first thing, they will unite together but they wont be uniting any of the crypto graphs that is coins. What they will unite with is the technology behind their workforce. There is great example of this one, the Ripple tech is getting noticed by most of the banking systems in foreigns. They are even agreeing to use the blockchain made by Ripple company but the fact is they are not going to invest in the XRP coin itself. So you see they are not interested in the coin really but they are interested in the Ripple platform itself.

I think the bank and crypto will never be able to mix smoothly. The nature of both is contradictory, so it is very difficult for that to happen. If crypto and banking can be merged in the future, then things will be the same as you say, the anonymity of crypto will disappear

That is absolutely have a point. In these case, investment in banks will have a problem, if decentralization is implemented in the banking system, it is so hard for them to have an access and total control in the money of the investors and bank account holders. There will be no sense if you decentralize bank since blockchain's sole purpose is to have a peer to peer transaction, bank is useless in regards.

In my opinion, crypto has great features that banks do not have. At the same time, banks also have their strengths that crypto with free, nongovernmental capabilities can not afford. On the other hand, banks and crypto have different nature. Centralized banking, crypto management by decentralization ... So in the future, I think the bank and crypto can only compromise, unite in all activities. This compromise will bring benefits to human life will be better.

for now it is still not fully united. but it is not impossible if in the future they can be interconnected. because currently there are many projects that have a bank concept that is integrated with blockchain.

maybe another year or two we will see all banks in the world will integrate their systems with blockchain.

They are already uniting, as we have seen some news lately that involves cryptocurrency and the banks. Also, considering that XRP has really been trying to take the bold lead with being the centralized banker's coin, have completed some projects and possibly seeing some banks having interest may pose one of the reasons why banks will want to be a major part of this space.

Apart from that, we have heard in some countries and some companies coming up with cryptocurrency bank, which even though I know will only fly for the gullible ones, still shows that the banks are actually looking to be in the forefront. I believe it will be a symbiosis thing in the long run with banks and crypto space, uniting at least in a way, which I see banks trying to offer some services as well in the crypto space.

I believe so far, we are already beginning to gradually see the coexistence already has a lot of banks are now at least trying to be a part of the growing system and then see how they can benefit from it which I am sure we will get to see more of as time goes on.

Times are changing, more developments are coming, and there is every chance this market is also going to end up being one of the top international markets in the long run, which I am sure the banks will not just want to stay on the side lines, they will also want to participate in the stream of events.

It really tears apart the soul of blockchain which is decentralization of the transactions by two parties. If we combine cryptocurrencies and banks, take note, BANK, it is the third party that is told by the paper of satoshi nakamoto about the technology behind bitcoin, the blockchain.

depends on the conservative finance industry like bank for example, if bank are connected to crypto that will made bank innovating from the conservative way to modern cryptocurrency, but i guess they should do the innovation if not the conservative finance industry will fall.

The probability of this circumstance is really very high, because banks today are already very positive about blockchain, just don’t try to understand it quickly. Everything will come and it will be.

Without a doubt and without a doubt transpiring from the places during which Bitcoin is usually appropriate including through your state our important banking companies usually are in partnership with your regional alternate that time period most of us alter Bitcoin to help fiat we could operate the banking companies disengagement establishments for getting your turned dollars every time.

I believe this is already happening and ripple is an example of coin that have partnership with some banks already and more will still come, and also some global banks have declared their interest in cryptos already, so I believe in the future more of such partnerships will happen

Till yet the conditions are that crypto currencies are decentralised in nature and that means there is no such proper authentic regulating body over the crypto who could keep eye over all its activities and specifically the illegal one but with time people and countries are getting the fate and potential of crypto and moreover there are few nation like South Korea, japan who has even legalised crypto transactions in their Mayan’s moreover these crypto will definitely going to get legalised all over the world in coming future then obviously banks and crypto will unite together.

I believe it will. I have seen recently some ICO projects that plan to create a blockchain bank. Also i`ve heard that common banks try to work with blockchain.

Using cryptocurrency for an existing banking payment system is real. This will happen with a high probability in the near future. This requires a flagship and a pioneer. This pioneer can be Dubai. If everything goes well, this example can go to the state level. I think to develop a package of bills will not be difficult under the existing process. At the same time, it is necessary to use cryptocurrency for the already used payment system, and this is quite a long time.

Ive already some countries which do have their own local crypto wallet which is tied up with a bank which you can make cash out using that platform to directly funded on your bank account which does mean
 they do really collaborate or isnt really strict but these are only available on some countries which do have positive views towards crypto but talking about full acceptability would really be hard to say.

No, it is not necessary. Banks after the legalization of cryptocurrency by the state will be forced to work with cryptocurrency. This will be on a mutually beneficial basis. State banks are more likely to provide less cryptocurrency services, while commercial banks are freer in their choice of areas of earnings and therefore tend to take more risks in their business.

I really hope that in a few years we will be able to observe the successful collaboration of cryptocurrencies, blockchain and banks. It would be incredibly cool and the most promising

It can be possible. But we can see to it more in the future. But I think it has started now. Like the ripple coin. They have linked it to the bank to give a centralized transactions. I have pure trust to ripple that the way and their prospective is good and helpful to the industry. I hope many projects soon will give that way of idea.

I am sure that in the future, banks and cryptocurrency will unite and will create a new global economy

I think we can see this cooperation. Sooner or later something now to keep the banks obsolete and vryatli we will be able to trust them. Blockchain will be a technology that will change a lot

If we talk about decentralization, then of course banks will never unite with a cryptocurrency, it is simply unthinkable for the system, but they can and will use the blockchain technology for their own purposes

Financial system will change in the future.
Currency will be a change for the people and not for the government.
Banks will not disappear, they will make a move to adopt the changes.
Blockchain and bitcoin together with cryptocurrency will be adopted by the bank.
Banks will make their move, it is not the cryptocurrency to make the step.

I think that banks will integrate blockchain in their services. The operations will be much faster and more comfortably in usage. But it wouldn't be in the nearest 5 years, we need towait some time.

No absolutely not, the banks and industry are not linked yet because we all know that all the crypto currencies are completely decentralised in nature and therefore most of the organisations and countries are in against of it as there is no such proper authentic regulating body over them who could keep eye over all its activities and thus leading to its illegal use and this is what everyone fears about but once they will get centralised all over the world then there will be governments who will keep eye over them and obviously banks and crypto community will also unite.

How can that be happen were centralization and decentralization unite? it can't be actually, but possibly ride on the trend we have it now.
Because there are some other banks doing this things matter actually, or some banks creating their token in crypto currency but of course, it is obviously based on centralized not decentralized as what I can see in it.

You mean maybe hacked?;To the best of my knowledge, the blockchain technology cannot be hacked for now but exchanges and wallets can be hacked.

The essence of a decentralized money will put into wast if the bank and crypo will help each other. Maybe they can use the the block chain but I hope they do not interfere with it too much that they should have a control of it. Bank is enough for them.

Technology indeed gives great attention, especially in this case cryptocurrency technology. With the development of cryptocurrency technology there will definitely be an interest in the bank for the adoption of the system from cryptocurrency.

To  say can decentralization be compromised, I wI'll say no and no again because this is not going to work because with that I see not much future in Cryprocurrency most especially for the less privileged and the rich will get more happy. Bank has its own way of working and it is being controlled by the government which makes it different from Cryprocurrency. There is no given room for this and let's all stand on that because the manipulation will be physical when being involved with bank or government.

I think unification is a much more possible outcome. Banks are trying to implement the blockchain in their activities, and everything else is just a matter of time.

I think they can unite and collaborate too ..actually, there is this promising Gigzi project that will make a partnership with many local banks to make fiat withdrawal possible.. this is actually a solid step towards crypto and banks collaboration.. But, there has to be a suitable agreement and good terms for banks to start accepting crypto-assets.

On the example of Ripple, we can make sure that the introduction of blockchain technology in the banking system is possible, but this system will still be centralized. I think that banks will never be able to become decentralized, otherwise the meaning of their existence will be lost, that is, control over your funds.

This is the most possible solution, because I do not think that we would have only one industry within several years from now on. There would be a lot of coins such as Ripple and other coins that will support the decentralised solution.

Well, I think that the blockchain that banks develop every year and even months , and I think every technology can help one another to become better

I forsee a regulation taking place in the near futre, this will link the banking sector and the cryptocurrency industry together, for crypto to be accepted globally, the link is essential, Since cryptocurrency is an emerging industry sure the synchronisation will be to the advantage of all.

It will, because they are seriously afraid of decentralization, which is why they are able to use coins like xrp, because it is centralized, as a matter of fact, it is their coin.
If cryptocurrency is eventually regulated, first decentralization might change to centralization and not only banks, but different organizations, government, business institutions would want to use cryptocurrency.

Banks are always looking for what will bring them more profit and customers. The crypto world has the power to provide this.
I think with some regulations guiding investments banks will start to use cryptocurrency to some capacity.
I think crypto still has what it takes to disrupt the banking sector

The future trend must be united. Banks can often also use blockchain technology, which is not difficult. So this is only a matter of time, when the bitcoin price becomes expensive, the government will accept bitcoin.

I really don't think so, probably in the future but it seems impossible unless a major adjustment is made.  Blockchain technology provides a way for people to make transactions and payments easily and very fast without any regulation body or middle man and at very low fees. The banking system, which is controlled by the government is centralized while the crypto industry is decentralized, different kinds of people in the crypto industry which would not want the banks to unite with blockchain because of these regulations and advantages the blockchain has over the banking system. The reason the banking system is trying to use Ripple(XRP) to fully get into the crypto industry and dominate.

Judging by the current development of the industry, banks are not interested in the use of blockchain technology in their processes, so merger is out of the question. But external regulation and mediation is exactly what the banks want.

It is not easy for crypto and banks to work together. IMO, banks are only interested in the blockchain technology and not a decentralised kind of business.

What I can see in the future is that banks are going to be using blockchain too so they may be able to take advantage of the interoperability to make all these happen. Working with the crypto currencies is going to happen because by now they should have it in mind that crypto is here to stay its inevitable and it will be adopted no matter when and right now they are seeing starts to happen.

i think for now many banking was using crypto or blockchain technology, such as financeX or any crypto project whos based on lending program, it must be linked on to some bank.

Why do you think so? Perhaps it all depends on a particular country, but over time, technologies such as the blockchain, some banks and many institutions show interest, but deny the acceptance of the cryptocurrency themselves. This is quite reasonable, given that new cryptocurrency-related technologies can improve workflow and the use of information in various sectors of the economy and the banking system.

Perhaps this will be the case or, as we already see, some projects will be born that already have a crypto bank statute that will replace the banking sector, such as we know today, in any case there will be changes that will have real consequences

It will be link and we have no doubt for that.
Banks will never let their community disappear on this mother earth.
And to not go out of the business you must hug your enemy and adopt what they have. banks will move and will go on blockchain and crypto.

Eventually, centralized cryptocurrencies will become the most popular in the world, and they will interact with the banking sector but there will be no full unification.

Think of Ripple - it is a coin created by large banks. It has a very high transaction rate, the highest among all cryptocurrencies.
Due to this speed, the coin can be successfully used as an analogue of interbank payments.

They may not integrate but instead the banks shift on blockchain. There is a need of a such system and it will get originated that can be the link to bridge up the gap between the two systems.

Banks will try to at first destroy cryptocurrencies since they cannot allow to have direct competition when they have achieved such a strong control over the economy but it seem they are understanding that is impossible so they will try their next strategy which is to try to take over the market by deceiving people and make them believe that they are adapting when all they are doing is introducing a Trojan horse(ripple) in the market and hoping we fall for such a trap.

Currently, a system for storing and transmitting banking information can be built on the basis of the blockchain.
This is the most secure way to store and transfer information from hacker attacks.

Banks are interested to use blockchain technology in order to replace their ancient systems, so they will put money on the technology but the cryptos are a real enemy for them. They earn money because of their control on FIAT currencies. Maybe they will put some interest to handle cryptocurrencies like assets on their portofilio but never as currencies.

Banks already have the same tools that are developed in crypto. The service will be the one and same.
The only difference is that banks will provide centralized solutions and you are in the traditional fiat economy VS crypto is providing decentralized solutions in an alternative economy.
For the end user, that don't give a shit about this stuff, there will be no difference.

Why are you sure about each bank in the world? Recently I've read that the main Russian bank implements blockchain technologies into its internal processes. It has little to do with cryptocurrencies, ofc, but still...

I do not think that crypto industry and banks unite, but banks will use blockchain technology and crypto
will use the infrastructure of  the banks. Banks want control and centralization and on that they will  not give up easily.

At this time almost impossible in my country to linked banks with crypto even my government says crypto could threat banks and banks accounts which integrate with crypto is could be dangerous part however the problem currently in the government decissions that if they made good decissions regarding crypto and banks then eventually we will see banks and crypto are walking together but if they still not admit crypto then it's impossible to do so

I think with technology improve, it could be happen banks system and bitcoin system unite. Its about the will from banks. Its true that banks using SWIFT system and Bitcoin using peer to peer transaction system and its very different system but if government regulating bitcoin, it may happen.

such a possibility cannot be ruled out, because the banking sector can never disappear, this is our legacy, we came up with this type of financing. We are people. Therefore, cryptocurrencies will necessarily cooperate with banks.

I believe that time is coming where banks and crypt I currencies will be linked in business, especially hen crypto is being regulated and more confidence comes to the investors.

It's not created by a bank, but ripple has a lot of cooperation and partnership with the banks in the blockchain development and implementation. It has nothing to do with its coin tha called as ripple.
It's still in the research and it can't be determined.

Bank and crypto industry wont unite but will be more linked, i think. We've already begun to see examples of this, some global banks have already started making transfers with the xrapid technology. I don't think it would be a harm to the decentralized structure.

No need to be talking about it, cause it’s not going to happen. You either own it in fiat and you invest in the crypto assets and hold them on your own. Purpose of cryptocurrency is for you to be your own bank and control the money yourself. So if you’re going to be thinking that cryptocurrency and banks will be linked together, then you’re wasting your time.

Banks can make payments, but I think about more until we can not dream of, cryptocurrency even from the legal side is not supported, and banks do not want to create problems for themselves

It seems to me that as soon as the cryptocurrency starts breaking out into leadership, the banks will reconsider their concept and start launching their coins!

I'm sure that will happen ..
the bank system is currently outdated, but by integrating banking services into blockchain technology it will be perfect. all become transparent and very safe. and this will remove all restrictions that exist in current banking services.

I also think that there must be some economic shocks to get cryptocurrencies and banks united. Nowadays the cryptocurrency market is too risky and unstable for any banking system.

I think they will only use blockchain as their own tool to support their transactions and systems. Blockchain is a new technology and has not been fully exploited, it not only supports banks and it will help many other areas.

I think that banks will somehow work out their cryptocurrency, but I do not think that they will choose decentralized platforms, rather the opposite!

It seems to me that very soon the banks will be able to integrate the blockchain, and in that case we will all understand what and where and how much money each person has in the account. Data must be open. Therefore, the situation in general is questionable. But I think that this will be so.

I think its not going to happen! Since the two entities are on opposite sides, the one is for decentralization purpose, while the other one is for centralized Banking purpose. But the Blockchain Technology is might be considered as a game changer to the Centralized Banking industry to reach the unbanked Population specially in the Third World countries, i hope it will realized in the soonest time possible!  

I think decentralization will be compromised because of the agendas of the banks

I totally agree that cryptocurrency and bank wont unite but banking system are starting to accept blockchain and even some bank have started to get full details about how to implement blockchain technology to the banking system. If it gets success then i think most of the banks will start to accept blockchain. But dont relate both as same as bank wont accept crypto coins but they will accept blockchain technology.

I don't see that happening and if that will become reality then decentralization will be compromised like you said and the main purpose of blockchain technology is to preach and bring decentralization.

The Blockchain system and the system at the Bank are very different. If the two are united, I don't think that will happen because in many countries crypto has not been given permission about the use of transactions. And there are many problems that make Crypto unable to unite with the Bank.

If you pay attention to how banks react to cryptocurrencies, then we can say that sooner or later they are all synchronized and maybe we will have some kind of new product based on banks and cryptocurrencies.

Frankly, I do not see that many banks have a positive attitude towards cryptocurrencies, most likely some of them are interested in technologies (such as blockchain) that are related to cryptocurrencies. It is not known how the banking system will change and whether many banks will use digital currencies and introduce technologies.

with the future entrance on field of business with the finance,
we should work on banking service with the flags and label of FIRSTINDO MARKET
as might we put of funds on investment to work on covering use of funding with the business on release from the desktop of our briefing table.
and the diners card to work on decentralized customs on reference on clients to put of funds with the real time online of latency and works on strategics to put of efforts on evaluation.

The fact is that the block chain is actively being introduced into the banking system and today the promotion of cryptocurrency and the bank is very relevant. One of such important points is the project ripple.

I agree and think that the most possible solution is that traditional banks will adopt the blockchain technology and will provide much more secured services. It is pretty unlikely that crypto will totally replace banks.

I completely agree with your opinion, because such systems have completely different functional. But just the cryptocurrency of boxing. They will cooperate with the banking system, and I think that banks will take full advantage of this.

We might not see this happen because both are two different system,crypto currency is all about decentralization why bank is been controlled, in such circumstances, it will be difficult to see the two unite.

I think saying banks will unite with crypto is a myth. How can you say decentralisation will merge with centralization, sounds vague. I think in future, a few banks might consider blockchain technology, but I don't see banks dealing with crypto. They can only embed the services for profit maximization. For example, some banks do transactions via luno and get their cut of the profit.

Cryptocurrency is known for its decentralization so I think banks will not unite with them although they might use the blockchain technology to integrate on their current system because there are already some companies using it and they get a good results.

Yes, bank and crypto industry will united. Singapore already looking into using blockchain for their banking.

Bank and crypto unite,I guess that is a dream that may never come true because there system of operation is different and that is why they may never unite.

I think that over time, centralized coins will displace decentralized ones. This is already happening, but so far it can only be seen as an example of how decentralization fails because too many coins are simply bought by whales in large quantities.

Of course, these two huge structures will go down as soon as the banks realize that the cryptocurrency has become strong enough to make the payment system worthy of competition immediately begin to move towards cooperation and the cryptocurrency will grow even stronger from now on.

Although they might not unite there are some aspect of blockchain that the banks might introduce their services to boost their activities and make them serve their clients better.

Bank and crypto may never unite because of the mode of operation, crypto is a decentralised system while bank is the other way round,I don't think they can unite.

I think  banks can use cryptocurrency and make a profit, but for this they will need to develop the necessary infrastructure and product that they will offer to their customers. Most likely, the banking sector will use Ripple, but Ripple is not a cryptocurrency, but rather centralized electronic money.

Banks will be forced to use cryptocurrency in their activities and this should be on mutually beneficial terms. The merger of banks and cryptocurrency will never happen, because it is not profitable for either banks or cryptocurrency. Everyone has their own functions and tasks and they are incomparable. Banks perform much more functions than cryptocurrency.

Everything can happen, cryptocurrency and the banking sector can work together to progress together, but if this happens crypto will be even better in the future, indeed during this time cryptocurrency is an enemy of financial institutions such as banks.

Bank and Crypto have very different systems and they will not be able to unite. Crypto still has many weaknesses and there are no regulations with the government. The government still does not provide crypto rules because of various problems.

Basically, banks and krypto have different basic principles, namely centralized and decentralized. So I don't think banks and krypto will be united, maybe they can be linked or rather mutual benefits cooperation with various terms and conditions.

Both can work hand in hand, based on mutual understand, but most times, banks or even some organizations prefer to use blockchain  technology and not cryptocurrency.
The reason being that they are trying to avoid decentralized coins. Banks prefer what they can control, alter and have full authority on it.
They truly understand the benefits, but are afraid to dome extent.

I believe that banks will in the future create their own coins, for example, with dividends paid, as some crypto exchanges are doing now. Perhaps banks will start offering cryptocurrency storage services, a crypto exchanger and various other cryptocurrency services.

If you look at the fast development of crypto, it is changing the way people are doing finance. And crypto is going mainstream that every day more and more subscribes to it. I think banks will, later on, connect to crypto to be more relatable to the needs of its investors. Else, they will end up losing clients.

I always accept the the idea of "everything change."
If that so, then, decentralized turn into centralized is not a problem.
Centralized turn into decentralized is a problem but depends or negotiable on the condition.
Not surprising once the world totally adopted crypto.

Most likely, in the end, these two structures will unite and will work in one direction to increase financial well-being.

tattoo cryptocurrency in only one direction and further use of fools. The system is well done. And the banking system still has the opportunity to vary between different kinds of assets, including cryptocurrency. Based on this, they increase the spectrum of service to society.

They are already connected, when you withdraw your money from cryptocurrency to cash. You always use the interaction of cryptocurrencies and banks.

everything might happen. because nothing will be impossible. if the market is increasingly profitable, the government will certainly approve what crypto does. We have to wait for everything to happen.

They will unite. I hope that it will happen very soon. The blockchain technologies are what we do need. The bankers will understand it, and do everything to work with the crypto industry as well.

Recently, after the release of blockchain technology into the world, I think that many banks will use this technology for their own needs. But what will happen to cryptocurrencies. Probably all the same they have more value than money. This is just my opinion.

They are already linked, looking at the rate at which ICOs and exchanges are demanding KYC and AML applications. The issue here is that big players entering the space do not understand what started this revolution and it seems Banks and VCs are likely going to be the ones to control the space in coming years unless we retrace our steps

If the government of any country sees in this a benefit, an opportunity to legally earn and develop the banking sector, then why not)

We have long seen the unstoppable appetite of the banking sector for absorbing cryptography in order to continue to dominate. For them, greed is not a vice, and therefore they will hold power to the last. It is absolutely fair to note that for the safe storage and transfer of banking information they need a blockchain more than anyone else. Their collaboration is inevitable

I do not think that banks will allow the use of a decentralized system. It is not profitable for them. They should receive money from any operations. Although I would be interested to know how all the same cryptography and the banking system will work in a couple of years.

This merger is already underway, operations with cryptocurrency when withdrawing to real money are carried out through banks. Moreover, I think they will work in tandem to achieve good welfare and income goals.

This is already happening and decentralization has long been questionable. Only a few coins can be considered really decentralized and then I'm not sure.

I think that banks have a negative attitude towards cryptocurrency. It seems to me that they can never accept cryptocurrency. But maybe I'm wrong.

Personally I believe that there will be a future connection between the banking / financial system and cryptocurrency 8n order for both of them to fully survive in the decentralized era. Because both cannot stand alone without linking up

You're right due to their habit towards crypto currencies in the past but we cant blame the banking sectors for that because the government of each nations were the real one behind it and they have negative attitude towards crypto currency because it give people total liberation from the government and this why they supported centralized coins (like ripple).
With that been said, the future is still bright that will be some kind of unite between crypto currency and banks in the future because the statement made the IMF boss seems to woo some Central Banks.

I think that in the short term, banks can't have the rights below and cooperate with confidential currencies, so the bank's business will lose a lot.

Currently it is already established a bond between Ripple and some banks. This can spread in the future, of course. But I'm not sure if this kind of relationship can be established with decentralized assets!

It is really difficult to imagine a decentralized banking system as long as the concept of power and money exists. Let the technology Blockchain be implemented in banks, they still will not cease to dominate.

Today it is unknown to anyone except time and manipulators who today rule the world. You understand that the development of humanity today, in any case, will be completely normal, only if it is followed.

I'm sure it will come true. just look at many crypto projects in the banking sector and it's only a matter of time until existing banks integrate their services with blockchain technology.

I think that crypto can't merge with banking system completely because decentralization means no central control over it and banks want control.

in any case, there will be a certain control over the cryptocurrency. Moreover, you should understand that the cryptocurrency market already today has certain bridges from the financial system of many countries and the banking system too. As an example, you can give a project ripples.

I certainly hope not. And in your doubt, yes the decentralization feature for the cryptocurrency will be totally destroyed. Because like the bank, it is well being monitored and is regulated.

we never know how crypto is going forward. because until now crypto has not been approved by the government. so to conclude that crypto will be connected with the government is difficult.

Yes, these industries will be linked, but I don't know in which way. Probably banks will provide users with crypto services, like crypto deposits or bank will be intermediary between user and crypto platform

Well I don't expect it to happen since the nature of the market system is really volatile and would be difficult to handle in a decentralized  state as we experiencing now.

For sure, I can hardly imagine that crypto will completely replace banks or that crypto will die. The best possible solution is that banks will adopt crypto currencies and will offer better services with much smaller fees.

actually the possibility of a unified bank and crypto industry exists, but I see most banks as anti-crypto and it turns out that the way banks look for income is behind the crypto way, such as interest rates etc. if you see that it is as if it is impossible for banks and the crypto industry to unite.

As long as the crypto market is in such a destabilized state, it will not be able to compete with banks, and therefore it will not be useful for banks, therefore at the current stage of development they will be separate from each other.

The only thing that would be interesting for tanks is most likely the blockchain technology, the cryptocurrency itself is unlikely to interest them!

Banks especially will not change anything in their activities. They will only partially use the cryptocurrency and this use will mainly consist in the services of exchanging cryptocurrency for other types of currencies. Commercial banks may try to use it in other qualities, but I am not sure that anything will come of it. The use of cryptocurrency by banks will not mean a change in its decentralized nature or a change in the organization of the banks themselves. It will be mutually beneficial cooperation. What it will lead to is difficult to say.

I believe that this is in principle possible in the future. After all, some cryptocurrencies will be able to find a real compromise with banks, they will become a single system with them. Because such changes will be beneficial to each side, thanks to this, banks and the cryptocurrency themselves will be able to receive.

I am also sure that they will be bound in the future. Since it will be important for many people to combine the capabilities of banks and cryptocurrencies. It will also be convenient to store and accumulate money in banks, also trade and invest in various cryptocurrencies, using common tools.

Not sure about crypto+bank thing but many banks are looking at Blockchain technology, so we might see Blockchain tech in banking sector.

Banks now have a hard time, they are built on the issuance of" air", non-existent money. And with electronic money it is excluded. Therefore, not only the banking system will change. And the technology of blockchain banks are already using. Banks are affiliated with the government, so the fight is going on.

Yes and its already realized in x rapid (xrp) cryptocurrency.
This is a mix between banking systems and fast transcontinental transactions.

Why not, look at the ripple and you will see how the support of cryptocurrency banks is going. There is nothing bad in it and cooperation will not hit the banking system, but on the contrary will make it even more relevant, though not in the form of anonymous money.

It's possible, someday a bank might support cryptocurrency and we (crypto community) can transact through crypto ATMs made specifically by banks. Because it is clear, crypto is the future of payment system.

I think indirectly they've already linked.
To those that already have bitcoin ATM in there country, since you can buy cryto through your debit card and been credited with your desired crypto, I think indirectly they've already linked.

Considering how much cryptocurrency has become spread, I think that this is quite possible, because if the banks do not take any measures, then soon there will be no one to use their services!

when you mentioned banks you need to know they do not act independently. Most commercial banks are being guided and control by government own financial institutions such as the central bank. if the bank will want to unite with crypto then cryptocurrency will be subject to regulation which will surely again decentralization of the cryptocurrency because as soon as the government introduces rules for crypto, it will become centralized. However, the use of blockchain technology is what I believe will continue to grow among financial institution.

It would be ideal if the banking system was decentralized but as long as this machine for making money will bring more profit it is unlikely that our desires will become a reality.

I believe that in the future, cryptocurrency and banks will unite! Cryptocurrency every day, becoming more popular, and banks can not ignore it.

Agree, banks must be wont make a step without government regulation. If government regulating cryptocurrency, banks must be see this opportunity and adapting with crypto market. Banks is old financial institution and banks have a lot experience about financial industry and if government allowing crypto transaction, banks will take benefits from the market

It will not be called decentralize anymore, actually, many projects today are using their way to incorporate crypto to such entities which is just like a cover up to be unlikely seen as union with banks, this means that still they seek to gather crypto for their banking system I guess.

 it  will be possible,  Although the banks might not agree to link due to the fact that they will need to adjust their rules to align with   that of the blockchain which is Decentralization, there are new projects on the blockchain coming up with  features that will connect user's traditional bank account to a cryptowallet and users will be able to carry out transactions using same Application.

I do not believe in a full-fledged Association, but some cooperation should be in the future, it will be beneficial to banks to some extent, and they will never miss the benefit

The current banking and electronic money industry is not possible. Only XRP is one of the best examples of providing banks with better performance

it might be difficult but many hope that the central bank and crypto can cooperate and establish good relations. because I think if crypto can work together it will have a good impact on the progress of crypto

In my imagination banks can't just die and go away, because there always should be someone who helps common people to deal with money. Blockchain projects will always be way more complex to get in than average person could deal with. And even if we don't have fiat money, but only crypto, banks will help to deal with crypto as well and get some interest as always)))

I think that this is quite possible, but not earlier than in 3 years, as now banks are still not ready to accept cryptocurrencies.